The first billionaire in the United States of America is John D. Rockefeller. Rockefeller has an oil company which supplies 90 percent of the worldâ??s oil refinery. Rockefeller resides in New York now.
John D. Rockefeller is famous for having made a fortune in the oil business. He co-founded the Standard Oil Company in 1870.
Microsoft.
Ida Tarbell was a muckraker who went into the standard oil company and exposed the monopolies that John D. Rockefeller had illegally created
oil companies has been around for at least one hundred years before John Rockefeller established the Standard Oil Trust Company. Just like any new business founded, Rockefeller thought it was a new investement with the steel company becoming one of the dominant industry in the world, due to railroads, train, and new ships being created. They required oil to function. John Rockefeller, established the Trust, a type of monopoly (illegal today in the US) with the idea to make more money. Much more than what he realized. to answer your question in a shorter way, rich people looking for ways to get richer.
Standard Oil Company. Standard Oil Company.
standard oil
Standard Oil Company
Ida Tarbell wrote The History of The Standard Oil Company
Who was the person responsible for creating standard oil company? Answer this question…
standard oil
standard oil company of Ohio.
Ida Tarbell wrote about the Standard Oil Company in her book, "The History of the Standard Oil Company," which exposed the company's business practices and monopolistic tendencies, contributing to the public outcry that led to the breakup of the company.
He transported standard oil from his Standard Oil Company.
Exxon Mobile
Standard Oil Company
CVX. The old Standard Oil company is now Chevron!